XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

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Job Description for Healthcare Risk Management Manager

The role of a health care risk manager is vital to medical care facilities. They are responsible for minimizing the risks of accidents and errors that could end up costing the facility a lot of money in insurance and malpractice claims. In order to accomplish this, they must perform a wide variety of tasks, including creating and implementing policies to improve patient care and ensure employee safety. Risk managers may be required to work with the facility's legal team in case a malpractice situation or a workers compensation claim occurs.

They spend the day working with staff to assess any potential risks and hear complaints from patients. They collect information to identify any weaknesses in the hospital's staff or procedures. They must submit any accident reports in a timely manner. They are also required to train staff about potential risks. They should have a thorough understanding of the hospital's policies and work well with hospital staff. Their usual work environment is an office with a computer, but they will spend a lot of time in staff meetings and training sessions.

They should be well-organized, have excellent planning and coordinating skills, and have the ability to work in teams or independently. They should be able to perform well in tense situations and remain calm under pressure. They will be required to have a bachelor's degree in a related field, such as health care administration, finance, insurance, or law. They must have knowledge of governmental regulations as well. A medical background is also helpful for this position.

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Healthcare Risk Management Manager Advice

What do you wish you knew about your job when you first started out?

Healthcare Risk Management Manager in Chattanooga:

"Life In Risk Management."

As a Risk Manager, the one thing to keep in mind is that you must be flexible. You will make plans for your day and then your day may well take a vastly different direction. It will make report preparation a challenge. It will make organization a challenge. It will be important that as you respond to requests for information and advice, you take the time to care for yourself. Risk Managers work in a somewhat isolated environment in the hospital, dealing with confidential matters. Very few understand what we do. Work to make yourself and Risk Management an important member of the organization. Be visible. Do not bring your work home with you. It will be good for neither your nor your family.